OECD Economic Surveys: New Zealand 2002
This 2002 edition of OECD's periodic economic reviews for New Zealand examines recent economic developments, policies and prospects and includes special features on public spending and raising output growth.
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Recent economic performance
The New Zealand economy has performed well since bouncing back from
the effects of 1997’s Asian crisis. Growth rates were above 5 per cent per year
through 1999 and early 2000 and, after a brief pause in 2000, continued to hold up
reasonably well last year. The country has been riding on a terms of
trade boom, as the prices of its major exports were out of line with general global
commodity prices until late in 2001. It has also enjoyed the rare combination
of having a weak exchange rate at the same time as high export prices, so
prices in local-currency terms were extraordinarily favourable. ...
Also available in: French
- Click to access:
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Click to download PDF - 524.36KBPDF
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Click to Read online and shareREAD